Chief Director: Fiscal Policy at National Treasury

Purpose of the Role

To advice the National Treasury on fiscal policy developments within the public finance and medium-term budget framework that supports government initiatives in the achievement of social and economic development.

Qualification/s Requirements

• A Grade 12 is required coupled with a minimum Bachelor’s degree (equivalent to NQF level 7) in any of the following disciplines: Economics or Public Administration or Public Finance;
• A minimum 5 years’ experience at a senior management level (Director) obtained within an economic and fiscal developmental policy environment;
• Knowledge and experience in managing complex environment issues;
• Knowledge and experience of the broader government Fiscal Policy framework on public finance;
• In-depth knowledge and experience of the Public Sector Budget process; and
• Successful completion of the Nyukela Public Service Senior Management Leadership Programme as endorsed by the National School of Government available as an online course on https://www.thensg.gov.za/training-course/sms-pre-entry-programme/, prior to finalisation of an appointment.

Key Performance Areas

Medium Term Budget: 

• Develop a sustainable fiscal policy and budget framework in the development of an annual budget review and medium-term budget policy statement publication; and
• Provide fiscal and financial advice on the budget framework, extra budgetary accounts, and other public finances.

Economic Focusing:

• Develop a platform for the provision of a prudent economic forecasting model, Develop fiscal variables for the MTEF and forecasting process. 

Fiscal Framework: 

• Develop an adequate and comprehensive fiscal framework for the public service, develop policy of key fiscal variables, including revenue expenditure, and debt performance. 

Stakeholder Engagement: 

• Engage the DG and Minister of Finance on a sustainable fiscal policy approach in support of the broader budget frameworks;
• Liaise with internal stakeholders in the National Treasury on matters relating to fiscal framework; and
• Inform external stakeholders the fiscal stance and its effect on the economy to the private sector.